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Friday, August 11, 2023

FTX founder Sam Bankman-Fried jailed after bail revoked

A US judge has cancelled the bail of Sam Bankman-Fried, the creator of the insolvent FTX cryptocurrency exchange, citing reasonable suspicion that he attempted to influence at least two witnesses ahead of his fraud trial for allegedly misappropriating billions of dollars in FTX customer deposits to fund his other businesses.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/THiWA6e

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Report: 93% Indian executives see rise in cyber budget next year

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...